started the week trading below $30,000 following a volatile weekend of trading, which saw prices mainly consolidate./USD fell to an intraday low of $29,412.58 on Monday.
Today’s low has seen prices approach the long-term support level of $28,800, following a rebound from this point on Saturday.Overall, price strength continues to hover in oversold territory, with the 14-day relative strength index tracking at 32.44. This is below a resistance level of 36.40, which was held on Sunday, leading to today’s selloff, as bears re-entered the market.
Should this momentum continue, we will likely see the price floor of $28,800 hit, with a chance of a potential breakout towards $25,000.The world’s second largest cryptocurrency also started the week lower, however, it was able to stabilize above the $2,000 level for most of the session. /USD dropped to a bottom of $2,000.09 on Monday, which is around 3.27% lower than yesterday’s peak of $2,147.19
Follow me new acaount Trading
BTC is scam pyramid scheme
bitcoin will not always fall, I'm waiting for its skyrocket soon. And keep investing usdt in it.
It is the time to buy some ,I have $7000 and I am bit confused what to buy $APE or $Shib
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BTCTN - 🏆 531. / 51 Read more »